About Ionbond Coatings Private Limited
Data last updated:
Ionbond Coatings Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ihi Ionbond Ag. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 17 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28920PN2005PTC020424. Its GSTIN is 27AABCI3600A1ZD (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹18.65 Cr and a paid-up capital of ₹18.65 Cr. It is led by directors including Xu Kegang and Jeffrey David Ostman.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 11 Block Plot No. 48 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.89 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.55 Cr (net margin 9.3%) and EBITDA of ₹13.33 Cr (EBITDA margin 27.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ionbond. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionbond.com.
Company details
Contact details
Ionbond Coatings Private Limited's registered office is in Pune, Maharashtra. Its website is ionbond.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 11 Block Plot No. 48 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Ionbond Coatings Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ionbond Coatings operates one associated brand: Ionbond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Surface coating services are provided to the aerospace industry. | ionbond.com |
Business activity
The main business activity of Ionbond Coatings is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ionbond Coatings Private Limited, buy the company report.
Financials of Ionbond Coatings Private Limited
FY 2025 filings availableIonbond Coatings Private Limited reported revenue of ₹48.89 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 25% growth in the latest year. EBITDA rose 27% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.33 Cr | ||||
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| Net Profit (PAT) | ₹4.55 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.3% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ionbond Coatings Private Limited, buy the company report.
Board of directors of Ionbond Coatings Private Limited
Ionbond Coatings has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xu Kegang | Director | 14 Sep 2020 | 6 Years 2 Months | Current |
| Jeffrey David Ostman | Director | 14 Sep 2020 | 6 Years 2 Months | Current |
| Jeroen Franciscus Maria Landsbergen | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Atul Anant Kulkarni | Director | 24 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Ionbond Coatings Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Ionbond Coatings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ionbond Coatings Private Limited, buy the company report.
Legal cases
Ionbond Coatings Private Limited has 3 court cases on record: 3 filed by Ionbond Coatings. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Ionbond Coatings Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ionbond Coatings Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 133 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kanj & Co LLP | |||
| Imkemex Marketing Private Limited | |||
| Rotarex India Private Limited | |||
| Imeco Ventures Private Limited |
To see the full MSME payment records of Ionbond Coatings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ionbond Coatings Private Limited has a workforce of 86 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 86 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Ionbond Coatings Private Limited, buy the company report.
GST
Ionbond Coatings has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI3600A1ZD | Maharashtra | Active | 01 Jul 2017 |
| 33AABCI3600A1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ionbond Coatings Private Limited, buy the company report.
Recent activity
Ionbond Coatings Private Limited has 17 board changes on record since 2007: 4 appointments and 13 cessations. The latest: Iain James Smith ceased to be Director on 01 Apr 2021.
8 earlier events are in the company report.
Frequently asked questions
Ionbond Coatings is an active private limited company based in Pune, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 17 March 2005 (21+ years old) and is registered under CIN U28920PN2005PTC020424.
Ionbond Coatings has 4 current directors:
- Xu Kegang - Director
- Jeffrey David Ostman - Director
- Jeroen Franciscus Maria Landsbergen - Director
- Atul Anant Kulkarni - Director
The latest financial statements of Ionbond Coatings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ionbond Coatings is 27AABCI3600A1ZD, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCI3600A1ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Ionbond Coatings is U28920PN2005PTC020424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ionbond Coatings has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Ionbond Coatings was incorporated on 17 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Iain James Smith ceased to be Director on 01 Apr 2021. Jeffrey David Ostman ceased to be Additional Director on 07 Oct 2020. Jeroen Franciscus Maria Landsbergen ceased to be Additional Director on 07 Oct 2020. Ionbond Coatings has 17 board changes on record in total.
Ionbond Coatings has 7 MSME Form 1 returns on record between 2019 and 2024, listing 133 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ionbond Coatings can be reached through the website ionbond.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ionbond Coatings is at F – 11 Block Plot No. 48 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
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